Solaxy’s Rocketing Success: Solana’s First Layer-2 Surpasses $6M in Presale Milestone
Solaxy ($SOLX) is the new Layer-2 solution for Solana and it reached a major milestone and raised $6 million in its presale just days after its launch. Solaxy isn’t just another protocol—it’s the first Layer-2 solution o...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Solaxy ($SOLX) is the new Layer-2 solution for Solana and it reached a major milestone and raised $6 million in its presale just days after its launch.
Solaxy isn’t just another protocol—it’s the first Layer-2 solution on Solana that could tackle persistent issues like network congestion, failed transactions, and limited scalability.
These improvements could make Solana not only faster and more reliable but also far more practical for everyday traders and developers.
If you’ve been frustrated by slow transaction speeds or high fees, this might be the kind of change that changes how you see blockchain.
Let’s check out the deets.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
Solana treasury firm cuts shares 700-for-1 but leaves room for nearly 100 billion more
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 bil...
Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute the...
Israel’s Largest Bank to Offer Bitcoin, Ether and Solana Trading With Galaxy in 2027
Key Takeaways: Bank Leumi will be the first bank in Israel to allow customers to trade digital assets. LEUMI and PEPPER will allow...
Solana’s Pump Token Leads Crypto Market Gainers as Chart Paints Golden Cross
The native token of Solana's Pump.fun is up 8%, and the pattern bulls have been waiting for is starting to form on the daily chart...
Fourth crypto exchange shuts down in just six weeks
US-based crypto exchange ABFinance, founded by ByBit’s former CEO Helen Liu, closed its doors last week before it ever opened. ABF...
Onchain data shows Solana remains dominant amid memecoin trader shifts
Solana's resilience highlights the importance of robust infrastructure in retaining traders, as new chains face challenges sustain...